by cpaofmiami | Feb 27, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
As of February 20th, the IRS is reporting that the average refund is $3,120. At this point the IRS agency have processed about 50 million tax returns and 83% have qualified for a refund. We have offices in Downtown Miami on Brickell Avenue and Miami Lakes. Call us...
by cpaofmiami | Feb 27, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Even Robert De Niro gets hounded by the IRS for back taxes… Fox News and The Smoking Gun are reporting that Robert De Niro owed over $6.4M from his 2013 tax filing. The federal lien of $6,410,449.20 was to be placed against his condo in Tribeca. Apparently,...
by cpaofmiami | Feb 27, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Here are a few of the reasons why most people in Miami hire a Certified Public Accountant to file their tax returns. 1. Hours to prepare your taxes – In 2013, the IRS estimated that United States taxpayers (on average) spent 16 hours to prepare a simple tax...
by cpaofmiami | Feb 24, 2015 | International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
The state with the highest upper range on taxes is California. For high net worth individuals in California, they tax individuals up to 12.3%. Ouch! In Florida, there are no state taxes so that’s why many wealthy individuals seek to obtain residency in the...
by cpaofmiami | Feb 18, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
When a large portion of your wealth is closely tied to the whims of South Florida’s real estate market, it’s important to have a CPA Firm with additional expertise in real estate accounting and tax services. Often, that additional expertise can make the...
by cpaofmiami | Feb 17, 2015 | Miami CPA Accounting, QuickBooks Accounting - Bookkeeping, Tax Compliance - High Net Worth Individuals
As a small business owner, it’s tough to keep so many balls up in the air. However, we sometimes cut an expense that ends up costing us much more. In other words, we are penny wise and pound foolish. In the case of small business accounting and tax matters, small...